Weekly Round-Up: Tobacco Tax, Recreational Marijuana, and Jock Taxes


Highlights from the 11/6/17 through 11/09/17 issues of the Daily Tax Report: State :

  • South Dakota Voters Could Decide Tobacco Tax Measure in 2018
    South Dakota voters could face a ballot proposal to raise the state's tobacco tax by one dollar per pack of cigarettes during the 2018 November general election.
  • Amazon's New Fulfillment Center Could Reap Maryland Tax Credits
    More than $2 million in conditional loans and the promise of tax credits has led Amazon to open a new distribution center in Maryland, the governor's office said Nov. 8.
  • States’ Market Sourcing Shift Changes Taxpayer Focus: Official
    Tax planners for multistate tech companies and service providers should consider nexus issues up front, according to a state revenue official.
  • State Conformity Issues Loom Over Federal Partnership Audit Law
    States and impacted businesses are running short on time to deal with complex changes as the new federal partnership audit regime is about to take effect, leading state and local tax practitioners said during a Nov. 7 session at the Paul J. Hartman State & Local Tax Forum in Nashville, Tenn.
  • California Tax Appeals Office Preparing for January Start
    Eighteen administrative law judges should begin hearing California tax appeal cases in Sacramento, Los Angeles, and Fresno by the end of January, Office of Tax Appeals Chief Counsel Kristen Kane said Nov. 3.
  • World Series Bonuses Subject to Steep Income Taxes
    The Houston Astros are World Series champions, having defeated the Los Angeles Dodgers in seven games. However, both teams are entitled to a hefty bonus—and the income taxes that come along with it.
  • Maine Governor Vetoes Recreational Marijuana Bill
    Maine Gov. Paul LePage (R) vetoed a bill Nov. 3 that would have legalized the sale of recreational marijuana in the state, saying he isn't willing to pass a state law that conflicts with federal law.

Some notable developments from the State Tax Developments Tracker —Bloomberg BNA’s tool for monitoring important developments in all the states:

  • Florida Governor Proposes $180 Million in Tax Cuts for Florida Families
  • Hawaii Joins 34 States Urging Supreme Court to Overturn Physical Presence Rule
  • New York Adopts Emergency Start Up NY Program Rules
  • Montana Amends Elderly Homeowner/Renter Tax Credit
  • Pennsylvania Approves up to 100 Percent Tax Exclusion for Homestead Property

Get a free trial to Bloomberg BNA Tax & Accounting's State Tax solution , a comprehensive research service that provides deep analysis and time-saving practice tools to help practitioners make well-informed decisions.

In other developments …  

Cigarette Taxes and Cigarette Smuggling by State, 2015 by the Tax Foundation

State Tax Implications of Federal Tax Reform by PwC